Author Archives: Paul Ausick

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Sprint Fired 452 Employees Last Weekend, Keeps Chasing Low-End Data Consumers

In an effort to maintain its position as the low-cost leader in wireless data, Sprint Corp. (NYSE: S) today announced a 1-gigabyte shared data allowance for $20 in its Family ...
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The 52-Week Low Club for Wednesday

October 22, 2014: Here are four stocks among the 44 equities making new 52-week lows today. Boulder Brands Inc. (NASDAQ: BDBD) dropped about 32% today to post a new 52-week low ...
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The 4 DJIA Stocks That Sank Wednesday’s Market

October 22, 2014: Markets opened higher on Wednesday but stocks began to slide before noon and eventually the three major indexes look to finish with a loss. The shooting in ...
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Video Viewing on Mobile Devices Skyrockets

In the second quarter of this year 26.6% of more than 38 billion online video views were started on a tablet or smartphone. For the past 12 months that’s an ...
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Why the 777 May Be More Important to Boeing Than the 787

Boeing Co. (NYSE: BA) reported a solid beat on both earnings per share and revenues Wednesday morning, but the stock traded down about 3% at the noon hour. The issue ...
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Crude Oil Price Skids Following Big Inventory Build

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 7.1 million barrels last week, maintaining a total U.S. commercial ...
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FedEx Predicts Record Holiday Season Shipments

Package delivery service FedEx Corp. (NYSE: FDX) said on Wednesday that it expects global shipments to rise 8.8% during this year’s holiday season to a total of more than 290 ...
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Dow Chemical Cash Flow May Hint at Dividend Hike

The Dow Chemical Co. (NYSE: DOW) reported third-quarter 2014 results before markets opened Wednesday. The chemical products maker posted adjusted diluted earnings per share (EPS) of $0.72 on revenues of ...
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Boeing Boosts Earnings Outlook as Backlog Nears $500 Billion

Boeing Co. (NYSE: BA) reported third-quarter 2014 results before markets opened Wednesday. The aerospace company posted adjusted diluted earnings per share (EPS) of $2.14 on revenues of $23.78 billion. In ...
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Mortgage Loan Rates Drop to Near 4%

The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 11.6% in the group’s seasonally adjusted composite index for the week ending ...
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24/7 Wall St. Guide to Fracking

Like many technological advancements, hydraulic fracturing of oil and gas wells -- better known as fracking -- had been essentially sitting on a shelf waiting for the right moment to ...
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Daimler Sells Stake in Tesla

In an announcement released after U.S. markets closed on Tuesday, Daimler AG, Germany-based maker of Mercedes-Benz and Daimler cars and trucks and smart cars, said it was “reorganizing its cooperation ...
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Yahoo! Earnings Get a Boost From Mobile

Yahoo! Inc. (NASDAQ: YHOO) reported fiscal third quarter 2014 results after markets closed Tuesday afternoon. The Internet portal company reported quarterly adjusted diluted earnings per share (EPS) of $0.52 on ...
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Michigan Governor Outlaws Tesla Sales

In a move that was expected by everybody, Governor Rick Snyder of Michigan Tuesday signed legislation banning Tesla Motors Inc. (NASDAQ: TSLA) from selling directly to Michigan consumers. As interpreted ...
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The 52-Week Low Club for Tuesday

October 21, 2014: Here are four stocks among the 31 equities making new 52-week lows today. ARM Holdings plc (NASDAQ: ARMH) dropped about 9.2% today to post a new 52-week ...
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